FundedNext
FundedNext is a UAE-registered prop trading platform that offers Stellar 1-Step, Stellar 2-Step, Stellar Lite evaluations plus Stellar Instant funding. It combines balance-based drawdown rules, access to MT4/MT5/cTrader/Match-Trader (TradingView supported for analysis), and reward shares up to 95% (with add-ons) for traders who follow its funded-stage 3% risk guideline and other fair-use rules, with a maximum funded allocation of $300,000 per trader before scaling.
Program Type & Scaling
• Stellar 1-Step Challenge (single phase: 10% target, 3% max daily loss, 6% max loss, min 2 trading days; payouts every 5 business days; 90% reward share in the funded stage)
• Stellar 2-Step Challenge (Phase 1: 8% target; Phase 2: 5% target; 5% daily loss; 10% max loss; min 5 trading days per phase; first payout after 21 days then bi-weekly; 80%→90% with Scale-Up)
• Stellar Lite Challenge (Phase 1: 8% target; Phase 2: 4% target; 4% daily loss; 8% max loss; min 5 trading days per phase; first payout after 21 days then bi-weekly; optional add-ons like Max Loss 10%)
• Stellar Instant (no evaluation/profit target; 6% trailing max loss; first payout after 5 business days then on-demand; 80% reward share)
• Legacy Express/Evaluation models were discontinued for new clients on 18 Mar 2025 (existing clients may still hold them).
Scaling Plan
FundedNext offers a Scale-Up plan for Stellar FundedNext Accounts: performance is reviewed over four consecutive months, and if the growth target is met while respecting all risk rules, the account balance can be increased (commonly by 40%) for the next cycle.
With Scale-Up, the reward share for Stellar 2-Step and Stellar Lite can increase from 80% to 90%. Repeated scaling can grow a trader’s allocation toward FundedNext’s advertised multi-million cap (commonly cited up to $4,000,000), subject to ongoing eligibility and compliance.
Daily Loss Limit
5
Maximum Overall Loss
10
Drawdown Model
Stellar 1-Step / 2-Step / Lite: Daily Loss and Maximum Loss are calculated from the initial balance of the phase and include closed + floating PnL (plus commissions/fees). The daily limit resets at 00:00 (server time GMT+2). The maximum loss threshold is fixed as a percentage of the initial balance, while the “maximum permitted loss” displayed can expand or shrink with accumulated profit/loss within a trading cycle.
Stellar Instant: Uses a 6% trailing maximum loss limit that ratchets upward with profits; it does not reset after withdrawals.
Leverage
| Forex | 100 |
| Crypto | 1 |
Broker
FundedNext (not a broker; internal platform licenses + integrations with liquidity providers; simulated trading environment)
Commissions
Commissions
FundedNext offers both Standard and Raw pricing options. Standard accounts are commission-free, while Raw accounts charge a commission (advertised as $3 per lot) in exchange for tighter spreads. Commissions and swaps/fees are included in drawdown calculations where applicable.
Tradable Assets
FX, Commodities (Metals & Energy), Indices, Crypto
News & Event Trading
News trading is generally allowed across FundedNext CFD models, but FundedNext applies ‘restricted news time’ rules on funded accounts: if trades are executed during restricted high-impact, instrument-correlated news windows, a portion of the profit can be removed during cycle review (commonly referenced as a 40% deduction on affected profits). Stellar Instant has a distinct news-time profit treatment where FundedNext may retain a larger share of profits generated during designated news time.
How does it stack up?
Compare FundedNext against other top rated firms.
Trader Feedback
There are no public trader reviews for this firm yet. If you’ve traded with them, be the first to leave a short, honest review and help other traders.
Share Your Experience
Short, honest feedback helps other prop traders understand what it’s really like to work with this firm.